EURJPY on the daily chart created a double bottom over daily support.
The price bounce at a confluence point near to dynamic support over the 0.5 Fibonacci level with a string bullish impulse to the upside.
The pair is now trading near to the previous recent high and we could see some consolidation and retracement before a possible break.
According to Plancton's strategy if the market will break above the resistance and satisfy the ACADEMY rules we will set a nice long order.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
The price bounce at a confluence point near to dynamic support over the 0.5 Fibonacci level with a string bullish impulse to the upside.
The pair is now trading near to the previous recent high and we could see some consolidation and retracement before a possible break.
According to Plancton's strategy if the market will break above the resistance and satisfy the ACADEMY rules we will set a nice long order.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Note
Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.